Some recommend you start a C or S Corp to avoid dealer/trader status with the IRS, especially if you plan on wholesaling some of your properties you get that you do not plan on flipping.

I look forward to connecting with the experienced investors on this forum and would love to pick your brain!

Once they realized I didn't have a umbrella liability policy and nothing our personal name without a big loan they dropped the case.Just what I've experienced, everyone is entitled to their opinion, Good luck!

it was great to hear some outside ideas from more experienced people!

Look to partner with an experienced person, or try to get it under contract and wholesale it.

If you are a newbieinvestor, the best way to get comps would be to locate an experienced investor orRealtor.

@Robin McGee - If you believe you have a good set of vacant homes to start with, I would look to maybe partner with an experienced wholesaler or flipper to figure out your process.

If you know the market well and are experienced you might be able to assess close enough to go ahead based on the lower unit if the price is a slam dunk.I don't buy what I can't evaluate.

I will try to find a mentor or someone experienced to partner with on my first few deals (and maybe more).

Excited about the opportunity to learn with those in this page that are experienced and willing to share their knowledge.